Daily News Letter Dated 16th February 2012-Gain from us. Visit: http://www.ibnservice.com/ OR http://ibnservices.blogspot.com/ OR http://nse-bse.blogspot.com/ OR http://mcx-ncdex.blogspot.com/

Daily News Letter

Date: 16 February 2012

NIFTY:

Last Close: 5531.95 (Up 114.00)

Resistance Levels: 5450, 5500, 5580, 5650, 5800

Support Levels: 5320, 5200, 5050, 4950, 4820

SENSEX:

Last Close: 18202.41 (Up 353.84)

Resistance Levels: 18000, 18300, 18700, 19000

Support Levels: 16650, 16300, 16850, 16350, 15850

Nifty has given breakout above 5450 & heading toward 5600 above which 5800+ possible. Traders should keep hedging with their long/short position as rollover can show volatility & sharp swings in the market. Stock specific buying can be seen.

Hot Sectors for Today: R-Group & Auto.

BTST/ STBT in last trade (Fut.):

Relcapital (Sell– 430; SL Hit At- 436 same day)

Relcapital  CE  440 (Hedge) (Buy– 8; Booked At 11)

Crompgreav (Buy– 156; SL- 154.50; Tgt Later)

SCRIP NAME (CMP)	ENTRY LEVEL	TGT1	TGT2—3	SL	COMMENTS
Hot Today
ESCORTS (84.35)	Must buy At 84--82	86	87—88	81	Hidden gem among auto sector can explode soon
RCOM (104.55)	Buy At  104—102	106	107—108	101	All Adag stocks are showing further strength.
Derivative- Future (Strategy for today)
BHUSANSTL (399.25)	Must Buy At 399—391	407	411—415	Bel 387	Max Profits: Unlimited	Good pick among metal, buy at dip only.
…………… (……..)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs 4000
BAJAJAUTO (1754.60)	Buy At 1750—1720	1780	1795—1810	Bel 1700	Max Profits: Unlimited	Trade with hedging for possible upside to 1850.
BAJAJ PE 1750 (25.25)	Buy when you buy Fut.	Hedging Position
					Max Loss: Rs. 5000
Derivative- Option Strategy
ICICIB CE 1000 (10.50)	Must Buy At 10—6	Options Trading strategy with High Risk- High Gain.			Max Profits: Unlimited	One should trade & hold for 5-8 days 4 good gain.
ICICIB CE 1020 (5.45)	Sell 2 Lot with CE 1000
					Max Loss: Rs. 2500
Investment Pick (Long Term)
………… (……..) (…….)	Must Buy At …………	……..	…………..	……………………

Last Trade (15^th Feb 2012) Performance in all type of equity segment calls: Maximum Profit/Loss: Rs. 44500.00 Approx.